Jury Stumped Once Again In Cendant Chief Trial

Law360, New York (January 5, 2006, 12:00 AM EST) -- In a case of déjà vu, a jury deliberating the fate of Cendant Corp.’s former chairman was unable to reach a verdict Thursday, opting instead to ask a federal judge for more instruction in the $3 billion fraud case at the travel and real estate firm.

The government filed both civil and criminal charges against former chairman Walter Forbes in the U.S. District Court for the District of Connecticut in September 2002. His first trial, for insider trading, conspiracy and securities fraud, ended in a mistrial...
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